Four editions into the ASEAN Battery Technology Conference, conversations around batteries, renewable energy, and electric mobility are becoming less about possibility and more about what it takes to make them work at scale. The ASEAN Battery Technology Conference is one annual event I can hardly...
TUY, Batangas—Citicore Renewable Energy Corp. (CREC) is planning to expand its AgroSolar initiative to three more solar farms this year, as the company looks to deepen its presence in agriculture and unlock another revenue stream. CREC, one of the country’s largest solar energy developers,...
Yuchengco-led PetroEnergy Resources Corp. (PERC) agreed to sell a 35 percent stake in its wind power unit to Japan-based SMFL Mirai Partners Co. Ltd. for ₱1.7 billion. In a disclosure to the Philippine Stock Exchange on Thursday, Aug. 27, PERC reported that the transaction involves the sale of...
Renewable energy (RE) projects under the Feed-in-Tariff (FIT) mechanism saved consumers ₱0.3916 per kilowatt-hour (kWh) across 2024 and 2025, according to energy think tank Institute for Climate and Sustainable Cities (ICSC). In a statement on Wednesday, Aug. 26, ICSC highlighted that these...
The Department of Energy deserves credit for taking a long-overdue step toward making electricity bills fairer: removing non-technical system losses from what ordinary consumers are required to pay. For too long, households and businesses that faithfully pay their bills have effectively been made...
The Philippines may be enduring a sluggish first-half economic acceleration, but it still has a few good cards to play. Global bank HSBC sees renewables and AI data centers as juicy “sweet spots” that could lure billions in foreign capital, giving the economy a real shot at turning a growth...
Lopez-led First Gen Corp. (First Gen) has partnered with Philippine National Bank’s (PNB) real estate arm PNB Holdings Corp. (PHC) to supply renewable energy (RE) to its prime properties in Makati City and Pasay City. In a statement last week, First Gen said it will supply five megawatts (MW) of...
A member of the House of Representatives’ Committee on Nuclear Energy welcomed President Marcos ' call to revisit nuclear energy production as a way to boost the country’s energy security and reduce rising electricity costs. “The effect of the Middle East conflict to our country only...
Sen. Erwin Tulfo on Thursday, Aug. 20, questioned whether power companies had sufficiently invested in modernizing their facilities, arguing that consumers should not bear the cost of system losses resulting from outdated infrastructure. During a Senate Committee on Energy hearing, Tulfo said...
For the fourth straight year, ACEN RES reaped medals at the Stevie International Business Awards, this time winning Gold, Silver, and Bronze across different categories – in a field of 3,400 nominations from organizations in 78 countries all over the world. ACEN RES and its partner, Synergy...
A Norwegian company hass scrapped its plan to build a hyperscale AI data center in Oton, Iloilo. Full reasons remain unclear, citing only the "current circumstances." On the evening of Sun, Aug. 16, Norway Green Energy sent a formal notice to the Oton local government about the withdrawal. Perhaps...
Ayala-led ACEN Corp. is selling as much as a 49 percent stake in Indian wind power project developer Avana Renewables to its local joint venture partner as part of its ongoing capital recycling program. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Aug. 18, ACEN said its unit,...
